ERHC Energy Inc (ERHE)

[stocks2rise]

how exactly would a Chrome buyin/out benefit us as shareholders? Offer is Chrome and Chrome already owns 41% of ERHE stock. I fail to see the logic in this. Would that mean he would offer to buy enough shares to get him over the 50% needed to totally controll the company? That would mean he would want to buy 63.9 million shares. At what price? $3 would cost him $191.7 million dollars or $5 share would be $319.5 million. Can he afford that after losing his bank business? Wonder how many shares are left in the float? Would be interesting to see if his share count has changed on the new 10Q coming up. See if he has been adding at these low prices. I really don't see a benefit with Chrome as our buyin partner.